SANDNES SPAREBANK, MELHUS SPAREBANK, Another 2 Companies Have A High Dividend Yield And Return On Equity In The Financial Services Sector.

(VIANEWS) – SANDNES SPAREBANK (SADG.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Financial Services sector.

Financial Asset Price Forward Dividend Yield Return on Equity
SANDNES SPAREBANK (SADG.OL) kr82.00 7.12% 8.32%
MELHUS SPAREBANK (MELG.OL) kr157.00 6.92% 10.56%
STOREBRAND (STB.OL) kr86.52 4.43% 8.22%
CAMBODGE NOM. (CBDG.PA) €6350.00 2.86% 0.26%

Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.

1. SANDNES SPAREBANK (SADG.OL)

7.12% Forward Dividend Yield and 8.32% Return On Equity

Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. It operates through three segments: Retail Market, Corporate Market, and Real Estate. The company offers fixed rate deposits, deposit accounts, BSU, and tax withholding and other accounts; child, death, income, critical illness, disability, car, home, cabin, contents, UNG, and other insurance products; and pension solutions. It also provides bank guarantee, overdrafts, leasing, construction and business loans, factoring and invoice sales; fixed interest, mortgage, car, and other vehicle loans, as well as small loans and refinancing, and green loans; bank and credit cards; various loans and guarantees; and mobile and internet banking services. In addition, the company offers real estate brokerage and general investment advisory services. Sandnes Sparebank was founded in 1875 and is headquartered in Sandnes, Norway.

Earnings Per Share

As for profitability, SANDNES SPAREBANK has a trailing twelve months EPS of kr5.1.

PE Ratio

SANDNES SPAREBANK has a trailing twelve months price to earnings ratio of 16.08. Meaning, the purchaser of the share is investing kr16.08 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.32%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 6.05 and the estimated forward annual dividend yield is 7.12%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 23.3% and 29.3%, respectively.

More news about SANDNES SPAREBANK.

2. MELHUS SPAREBANK (MELG.OL)

6.92% Forward Dividend Yield and 10.56% Return On Equity

Melhus Sparebank, a savings bank, provides various banking products and services to companies, agriculture customers, and private individuals in Norway. The company offers savings accounts; construction and business loans; bank guarantee, overdraft, and leasing services; and credit and bank cards. It also provides various insurance products for liability, health, personnel, occupational injury, travel, accident, business, store, data attack, property damage, craftsman, homeowners, office, vehicle, and farms; savings and pension products; payment services; and online and mobile banking services. The company operates through branch offices in central Trondheim, Heimdal, Ler, and Korsvegen. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway.

Earnings Per Share

As for profitability, MELHUS SPAREBANK has a trailing twelve months EPS of kr16.44.

PE Ratio

MELHUS SPAREBANK has a trailing twelve months price to earnings ratio of 9.55. Meaning, the purchaser of the share is investing kr9.55 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.56%.

Moving Average

MELHUS SPAREBANK’s value is below its 50-day moving average of kr158.54 and under its 200-day moving average of kr160.82.

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3. STOREBRAND (STB.OL)

4.43% Forward Dividend Yield and 8.22% Return On Equity

Storebrand ASA, through its subsidiaries, primarily provides insurance products and services in Norway, the United States, Japan, and Sweden. The company operates through four segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products. The Insurance segment provides health insurance, property and casualty insurance, personal risk products, and employee-related and pension-related insurance products. The Guaranteed Pension segment offers long-term pension savings products, such as defined contribution pensions, paid-up policies, and individual capital and pension insurance products. The Other segment provides life insurance products. The company also offers securities, and banking and investment services. It serves private individuals, corporate and retail markets, companies, municipalities, and public sector. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway. Storebrand ASA operates as a subsidiary of The Storebrand Group.

Earnings Per Share

As for profitability, STOREBRAND has a trailing twelve months EPS of kr5.82.

PE Ratio

STOREBRAND has a trailing twelve months price to earnings ratio of 14.87. Meaning, the purchaser of the share is investing kr14.87 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.22%.

Moving Average

STOREBRAND’s worth is higher than its 50-day moving average of kr85.62 and above its 200-day moving average of kr83.92.

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4. CAMBODGE NOM. (CBDG.PA)

2.86% Forward Dividend Yield and 0.26% Return On Equity

Compagnie du Cambodge, together with its subsidiaries, provides transportation and logistics services in France. It operates a railway concession linking Burkina Faso with Ivory Coast. The company was incorporated in 1998 and is headquartered in Puteaux, France. Compagnie du Cambodge is a subsidiary of Plantations Des Terres Rouges S.A.

Earnings Per Share

As for profitability, CAMBODGE NOM. has a trailing twelve months EPS of €20.

PE Ratio

CAMBODGE NOM. has a trailing twelve months price to earnings ratio of 317.5. Meaning, the purchaser of the share is investing €317.5 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.26%.

Volume

Today’s last reported volume for CAMBODGE NOM. is 13 which is 1200% above its average volume of 1.

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